After
a fairly busy morning in terms of economic data releases, news flow has
slowed considerably, and the stock market remains solidly in the red.
Losses are broad based without any sector trading meaningfully higher.
For the NYSE, there are almost seven losers for every winner. Following
yesterday's weakness, energy (-2.8%) and retail (-3.6%) again are two
areas that are being hit especially hard. Crude oil and natural gas
have both been trading with sharp losses this morning.